Chinanews client, Beijing, January 22 (Peng Jingru) After frequent hot topics such as house looting in the Shanghai property market, on the evening of January 21, the Shanghai property market regulation and control policy was introduced, becoming the first front line of the property market regulation and upgrading in 2021 The city is also the second city in the country to issue regulatory policies during the New Year.

  The Shanghai property market’s New Deal directly refers to chaos such as “new craze”, school district housing speculation, and second-hand housing owners’ price hikes. The virtual fire in Shanghai’s property market is expected to stall?

Data map: Buyers look at the sand table in the real estate and consult the sales staff.

Photo by Tang Yanjun issued by China News Service

Directly refer to the behavior of real estate speculation, the

transfer within 5 years will be fully levied on value-added tax

  On January 21, the "Opinions on Promoting the Stable and Healthy Development of the City's Real Estate Market" ("Opinions") jointly issued by multiple departments of Shanghai clarified that the management of commercial housing sales should be strictly enforced.

Strictly manage the filing and management of new commercial housing sales plans.

Strictly implement various management systems such as the "one price clear" and "real name system" for commercial housing sales.

Improve the housing selection system of newly-built commercial housing by notarization lottery, and give priority to satisfying the self-occupied housing needs of "family without housing".

Strengthen the supervision of pre-sale funds to protect the legitimate rights and interests of buyers.

  "From the expression here, the most important thing is the perfection of the lottery system." Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, predicts that the policy mentions that the lottery policy should give priority to families without houses, and that some talents will definitely be able to buy houses in the future. Enjoy better policies to truly protect the rights and interests of home buyers, especially those without homes.

  Zhang Bo, head of the branch of 58 Anju Guest House Industry Research Institute, believes that the requirement for "one price clearing" this time can prevent real estate companies from improperly increasing the illegal fees for decoration and parking spaces.

At the same time, the "real-name system" requirement can effectively prevent speculation on housing qualifications and improper transfer of profits.

  Not only new houses, some second-hand houses are also "crazy".

Earlier, some media reported that the owners of second-hand houses in Shanghai had raised prices in a group.

School district housing prices have also jumped one after another. Some school district housing prices have increased by 1 million in four months.

Overlooking Shanghai Pudong Lujiazui.

Photo by Tang Yanjun

  In this regard, the "Opinions" proposed to strengthen the supervision of real estate development enterprises, sales agency enterprises and real estate brokerage agencies, and carry out special rectification of the real estate market order.

Strengthen joint rectification and law enforcement, form a joint law enforcement force, and seriously investigate and deal with illegal activities such as cover-up and reluctance to sell, price violations, false advertisements, artificially creating market tensions, and inducing evasion of regulatory policies.

  In addition, the "Opinions" will increase the period of time for exemption of value-added tax on personal external sales of houses from 2 years to 5 years.

"Individuals who purchase houses for less than 5 years and sell them to the outside world will be fully levied value-added tax.

  "This policy directly refers to the behavior of real estate speculation." Zhang Bo said that increasing the taxation of the transaction link can effectively reduce the demand for new investment, and to a certain extent, it will also limit the liquidity of second-hand housing.

  Yan Yuejin said that this has increased the transaction tax cost of second-hand housing, preventing some landlords from buying and selling quickly, and helping to promote the stability of second-hand housing transactions.

"At present, Shenzhen, Shanghai and other places will implement such policies."

Policy patched to strictly prevent fake divorce from buying a house

  This policy not only aims at the current property market’s “treating the head and feet, but also taking measures such as “patch” and “vaccination”.

  The "Opinions" are clear and strictly implement the housing purchase restriction policy.

For couples who purchase commercial housing within 3 years of their divorce, the number of housing units owned by them shall be calculated based on the total number of households before the divorce.

  Earlier, a netizen left a message on the "Politics-Citizen Interaction" column of the Shanghai Municipal People's Government website, saying that as a mere need, he participated in several lotteries, but failed.

He found that many people who own a lot of real estate entered the lottery through various methods. “False divorce”, “false lawsuits”, and holding on behalf of others occurred frequently, and some people sold their real estate immediately after obtaining the real estate certificate.

The picture shows the Lujiazui Financial Center across the river from Shanghai Bund.

Photo by Tang Yanjun

  Zhang Bo believes that this policy is a patching policy to strictly prevent the purchase of houses under false divorce.

"The loophole of false divorce has been clearly closed in many cities in 2020, and the message of Shanghai's tightening this time is also very clear."

  "Shanghai is the second first-tier city after Shenzhen to fully crack down on fake divorces." According to incomplete statistics from the Shell Research Institute, since 2020, cities such as Hangzhou, Shenzhen, Nanjing, Wuxi, Ningbo and other cities have clearly stipulated that the number of years after divorce is limited. Based on the content calculated before marriage, Xi'an has also strengthened the rules for determining the first set of provident funds during divorce.

  Yan Yuejin said that some cities have stipulated that family-owned properties should be traced back within two years of divorce, while Shanghai has been upgraded to three years and the policy is more stringent.

Take precautions before they happen, and prevent illegal capital flowing into the property market

  The "prevention" measures in the "Opinions" include: strictly implementing differentiated housing credit policies.

Implement the concentration management of real estate loans, strengthen the prudent management of personal housing loans, and guide commercial banks to strictly control the pace and growth of personal housing loans to prevent surprise loans.

Guide commercial banks to further strengthen the management of loan review, and intensify the verification of the source of down payment funds and debt-to-income ratio of home buyers.

Strictly prevent credit loans, consumer loans, business loans and other funds from flowing into the real estate market in violation of regulations.

  At the same time, improve land market management.

Optimize the land supply structure and increase the supply of land for commercial housing, especially in the five major new cities (Nanhui, Songjiang, Jiading, Qingpu, Fengxian New City) around the suburban rail transit stations.

Adhere to the linkage mechanism of real estate and land, guide enterprises to acquire land rationally, and stabilize land prices.

  Yan Yuejin said that the land supply needs to increase and the structure needs to be adjusted, which is more in line with the characteristics of Shanghai's current housing demand and can truly alleviate the contradiction between supply and demand.

The purpose of emphasizing the real estate linkage mechanism and stabilizing land prices is to prevent rising land prices from being transmitted to housing prices.

  Yan Yuejin also said that the biggest highlight of the policies here is the concept of "housing loan concentration."

"Because 2021 is also a year for the central bank and other departments to implement the housing loan concentration policy, it is precisely this opportunity to actively implement it. Subsequent banks are bound to be more conservative in lending, and some real estate speculations will face tightening in follow-up loans. Possible."

Data map: A corner of Pudong, Shanghai.

Photo by China News Agency reporter Zhang Hengwei

Why does Shanghai need to upgrade its property market regulation?

  Pan Hao, a senior analyst at the Shell Research Institute, said that in the second half of 2020, the sales price index (year-on-year) of newly built commercial housing in Shanghai will continue to expand. By December 2020, Shanghai’s ranking among 70 large and medium-sized cities will be higher than in 2019. It rose by nearly 28 places in December.

  In addition, “From the perspective of commercial housing sales data, Shanghai’s new housing market was highly active in the fourth quarter of 2020. To prevent and control the rapid rise in housing prices, the introduction of policies to block real estate speculation channels has become a top priority at this time.” Pan Hao said .

  The Shanghai property market, which has been silent for three years, has heated up significantly in November and December 2020.

According to data from Shanghai Centaline Real Estate, in December 2020, there were 44 Shanghai projects entering the market with an area of ​​1.351 million square meters. The last time the monthly market volume exceeded 1.3 million square meters, it was October 2015.

In that month, the transaction area of ​​newly-built commercial residential buildings in Shanghai was 1.227 million square meters, an increase of 59.1% from the previous month, setting a new transaction high in 2020.

  The supply and transaction of new houses in Shanghai is increasing, but the market is still in short supply.

Due to price restrictions and other factors, some small apartments that are scarce on the market are more attractive, and the recognition rate remains high.

According to statistics from Tongce Consulting, in December 2020, Shanghai opened more than 30 real estate projects, more than 20 projects had a recognition rate of more than 100%, and 13 projects had more than 1,000 projects.

  According to agency statistics, there will be 26 “Thousand Talents” projects in Shanghai in 2020, and the overall recognition rate of new houses will be 120.4%, compared to less than 40% in 2019.

Recently, Shanghai's new houses have been rushing to raise funds, which has made many people who just need home buyers anxious. In order to buy a house, one person recognizes more money and "vest" generation shakes have frequently appeared in the market.

  The second-hand housing market in Shanghai is also warming up.

From November to December 2020, the monthly trading volume is close to 40,000 sets, setting a new high for four consecutive years.

Entering January 2021, Shanghai's second-hand housing market continues to heat up.

According to data from the Shell Research Institute, in the first 13 days of January, the transaction volume of Lianjia second-hand housing increased by 42% over the same period last December.

  Zhang Bo analyzed that an important reason for the increase in the popularity of the Shanghai property market is the obvious increase in the demand side. Whether it is due to the increase of eligible people for buying houses, the result of demolition, or the return of overseas students studying abroad, to a certain extent, the demand for housing purchase has increased.

  "The introduction of the New Deal and its immediate implementation can be seen as a quick response to the recent irrational rise in the Shanghai property market, and it is also a signal that subsequent regulation may continue to tighten. It is worth noting that if the irrational sentiment in the market is not effectively alleviated after the policy is implemented , Second-hand housing prices in some areas continue to be maliciously speculated, and it is expected that continuous policies will follow up." Zhang Bo predicts.

(Finish)